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Indkal Technologies enters into TWS category, launches own brand 'Wobble'

Indkal Technologies enters into TWS category, launches own brand 'Wobble'

15-12-2023  comments

New Delhi (IANS) Homegrown Indkal Technologies on Friday launched its own brand "Wobble", as the company forays into True Wireless Stereo (TWS) product category.

Starting at Rs 1,199, the Wobble earbuds are now available for purchase on leading…

SBI hikes interest rate on loans

SBI hikes interest rate on loans

15-12-2023  comments

Mumbai (IANS) The State Bank of India (SBI) has hiked its base rate of lending from 10.10 per cent to 10.25 per cent which is likely to lead to an increase in the EMIs of home, auto and personal loans.

The increase in the marginal cost of lending…

Sensex crosses 71k led by IT stocks

Sensex crosses 71k led by IT stocks

15-12-2023  comments

New Delhi (IANS) BSE Sensex crossed the 71,000 points mark on Friday led by heavyweight IT stocks.

BSE Sensex was up 559 points at 71,108 points

The biggest gainer in the Sensex are IT stocks with HCL Tech up by 5 per cent, Infosys up…

Adani seals deal to sell 49% stake in Ennore terminal to global shipping gian

Adani seals deal to sell 49% stake in Ennore terminal to global shipping gian

15-12-2023  comments

Mumbai (IANS) Billionaire Gautam Adani-led Adani Ports on Friday said it will sell a 49 per cent stake in its Ennore Container Terminal near Chennai to Terminal Investment, an arm of the global shipping giant Mediterranean Shipping Company for about…

India's trade deficit declines in November as imports dip

India's trade deficit declines in November as imports dip

15-12-2023  comments

New Delhi (IANS) India’s merchandise trade deficit declined to $20.58 billion in November, primarily driven by a fall in imports of gold and oil, according to government data released on Friday.

The exports, however, fell less sharply by 2.8…

Sensex zooms past 70k after US Fed's dovish message

Sensex zooms past 70k after US Fed's dovish message

14-12-2023  comments

New Delhi (IANS) The clear dovish message from the US Federal Reserve has set the stage for a smart Santa Claus rally in the coming days, and this can even trigger a pre-election rally that can take the markets to a series of new highs, says V.K.…

India’s logistics costs drop to 8.9% of GDP due to better infra

India’s logistics costs drop to 8.9% of GDP due to better infra

14-12-2023  comments

New Delhi (IANS) India's logistics costs have fallen to 8.9 per cent of gross domestic product (GDP), as better infrastructure created by higher government expenditure on highways, ports and digitisation has speeded up the movement of cargo, according…

63% of Indian firms to invest in automation, genAI in 2024: Report

63% of Indian firms to invest in automation, genAI in 2024: Report

13-12-2023  comments

New Delhi (IANS) About 63 per cent of Indian enterprises are proactively directing investments towards Artificial Intelligence (AI) and Machine Learning (ML) for the automation of their business processes in the forthcoming 12 months, witnessing 85…

India’s DPI empowers 97% of population, expands beyond Aadhaar, UPI: Report

India’s DPI empowers 97% of population, expands beyond Aadhaar, UPI: Report

12-12-2023  comments

Bengaluru (IANS) India’s current digital public infrastructure (DPI) landscape has provided 97 per cent of the population with a digital ID, facilitated direct benefit transfer (DBT) to the effect of 900 million beneficiaries till date and has even…

Adani Ports to raise Rs 5,000 crore via non-convertible debentures

Adani Ports to raise Rs 5,000 crore via non-convertible debentures

12-12-2023  comments

Mumbai (IANS) Adani Ports and Special Economic Zone said on Tuesday that it will raise Rs 5000 crore by issuing non-convertible debentures and another Rs 250 crore through redeemable preference shares.

The Gautam Adani-led company said most…

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